Filed pursuant to Rule 433
Relating to Preliminary Prospectus Supplement dated March 17, 2020
to Prospectus dated June 30, 2017
Registration No. 333-219088
DOMINION ENERGY, INC.
FINAL TERM SHEET
March 17, 2020
| 2020 Series A 3.30% |
2020 Series B 3.60% | |||
| Issuer: | Dominion Energy, Inc. | Dominion Energy, Inc. | ||
| Principal Amount: | $400,000,000 | $350,000,000 | ||
| Expected Ratings (Moody’s/S&P/Fitch)*: | Baa2 (stable outlook) BBB (stable outlook) BBB+ (stable outlook) |
Baa2 (stable outlook) BBB (stable outlook) BBB+ (stable outlook) | ||
| Trade Date: | March 17, 2020 | March 17, 2020 | ||
| Settlement Date (T+2): | March 19, 2020 | March 19, 2020 | ||
| Final Maturity Date: | March 15, 2025 | March 15, 2027 | ||
| Interest Payment Dates: | March 15 and September 15 | March 15 and September 15 | ||
| First Interest Payment Date: | September 15, 2020 | September 15, 2020 | ||
| Optional Redemption: | Make Whole Call at T+40 bps prior to February 15, 2025; Par Call on or after February 15, 2025 | Make Whole Call at T+45 bps prior to January 15, 2027; Par Call on or after January 15, 2027 | ||
| Treasury Benchmark: | 1.125% due February 28, 2025 | 1.125% due February 28, 2027 | ||
| Benchmark Yield: | 0.685% | 0.920% | ||
| Spread to Benchmark: | +265 bps | +275 bps | ||
| Reoffer Yield: | 3.335% | 3.670% | ||
| Coupon: | 3.30% | 3.60% | ||
| Price to Public: | 99.841% | 99.572% | ||
| Proceeds to the Company Before Expenses: | 99.241% | 98.947% | ||
| CUSIP/ISIN: | 25746U DE6 / US25746UDE64 | 25746U DF3 / US25746UDF30 | ||
| Joint Book-Running Managers: | Barclays Capital Inc., BNP Paribas Securities Corp., Credit Suisse Securities (USA) LLC and Wells Fargo Securities, LLC | |||
| Co-Manager: | Bancroft Capital, LLC | |||
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC, including the preliminary prospectus supplement dated March 17, 2020, for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and preliminary prospectus supplement if you request them by calling:
| Barclays Capital Inc. | 1-888-603-5847 (toll-free) | |
| BNP Paribas Securities Corp. | 1-800-854-5674 (toll-free) | |
| Credit Suisse Securities (USA) LLC | 1-800-221-1037 (toll-free) | |
| Wells Fargo Securities, LLC | 1-800-645-3751 (toll-free) |
| * | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |